Executive Pay in Australia
On the 10 year anniversary of Bear Stearns collapse, Wayne Swan, with the GFC+10 project, launches report on executive pay in Australia.
GFC+10 is a research program and series of events marking the ten-year anniversary of the Global Financial Crisis. It was launched by then Economic Secretary to the Treasury in the UK, Ed Balls, and Australian Treasurer during the GFC, Wayne Swan.
The report released today analyses CEO pay in Australia, finding concerning trends that mirror the surge in executive pay in the lead-up to the GFC.